Fewer unemployment claims as US sees strong job market

  • 📰 FCN2go
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Fed kept their benchmark rate unchanged for a fifth straight time, but warned of changes in the future that may impact loan rates.

Even with the strong numbers, economists expect some tightening in the jobs market this year given the surprising growth of the U.S. economy last year and in 2024.NEW YORK — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security.

Overall, 1.8 million Americans were collecting unemployment benefits the week that ended March 16, up 24,000 from the week before.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 523. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines